Mylum Paul M. 4

What Happened

• Mylum Paul M., EVP and Chief Lending Officer of National Bankshares (NKSH), was granted a total of 1,215 restricted stock units (RSUs): 906 RSUs on 2026-02-11 and 309 RSUs on 2026-02-14. Each grant is reported at $0.00 (awarded, not purchased), so there was no cash outlay by the insider. These are awards (transaction code A), not open-market purchases or sales.

Key Details

• Transaction dates and amounts: 906 RSUs on Feb 11, 2026; 309 RSUs on Feb 14, 2026. Reported price: $0.00 for each (awarded).
• Total RSUs awarded: 1,215.
• Filing date: Form 4 filed Feb 17, 2026 (covers the Feb 11 and Feb 14 award events).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes:
  • F1: Reports satisfaction of the performance-based component of RSUs granted on 02/14/2025; a time-based component still must be satisfied for full vesting.
  • F2: The restricted stock unit grant vests in three equal installments beginning Feb 11, 2027.
• Transaction type: Award/grant (A). No 10b5-1, tax-withholding, or sale noted in the provided details.

Context

• These are restricted stock unit awards: the insider did not pay cash and does not receive immediately tradable shares. The grants include performance-based and time-based vesting requirements; vesting begins in earnest on Feb 11, 2027 in three equal installments, so the awards are not immediately liquid.
• Awards like this are routine compensation/retention tools and do not by themselves indicate insider buying or selling intent.